PAYPAL FOUNDER PETER THIEL: “BITCOIN IS THE OPPOSITE OF PAYPAL”

Didn't paypal said that they will start using bitcoin ? etc. ? Shocked

outch

Quote

Bitcoin is the opposite of PayPal, in the sense that it actually succeeded in creating a currency, he said. However, its payment system is lacking, and it is often used to make illegal transactions, such as to buy heroin. Until Bitcoin is used to make more legal transactions, I am a bit skeptical.

Source here : https://www.cryptocoinsnews.com/paypal-founder-peter-thiel-bitcoin-opposite-paypal/

EDIT (more interessting things about bitcoin & paypal) :

http://www.adweek.com/news/technology/paypal-accepts-bitcoin-games-ringtones-and-music-purchases-160347
https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230